Bonds Analysis & Opinion

With all the talk of the so-called Great Rotation, evidence points to investors still pumping billions into fixed income. And in spite of a fairly broad conviction that rates will be rising in the...

A friend of mine told me the price talk for the Fidelity & Guaranty Life Holdings, Inc. bonds was 6.5%, but yield lust must have prevailed, because the coupon was 6.375% when the deal closed....

Recently, a company for which I once managed bond money announced a bond offering. An odd bond offering that I would not buy regardless of pricing. You might say, “No such thing as bad assets,...

Municipal bonds came under pressure last week, pushing the asset class into the red for the year. And it hasn't just been the recent rise in longer term Treasury yields driving the selloff. On a...

Much has been made about investors turning on the equity-buying spigot since the beginning of the year. As the chart below reflects, however, investors appear to be allocating as much of their...

At the risk of seeming like I'm putting together another post that is merely grasping at a straw - any straw - to prove the market is going to turn down Real Soon Now, I offer the following:Bonds, as...